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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Forest Hill South. Expertly crafted featuring premium concrete and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,599,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Welcome to Village Park at 240 Heath Street West, a rare opportunity in the heart of prestigious Forest Hill. This bright and spacious suite offers approx. 1,939 sq.ft. of well-designed living with two bedrooms, two full bathrooms, and a solarium-style enclosed balcony showcasing treetop northeast views. Move-in ready and impeccably maintained, the layout is generous and functional. The open-concept living and dining area, finished with dark-stained hardwood flooring and expansive windows, is filled with natural light and ideal for both entertaining and everyday living. A family-sized kitchen with abundant cabinetry, ample counter space, and a cheerful eat-in area opens to the solarium perfect as a breakfast spot, office, or reading lounge. The primary bedroom features walk-through closets and a three-piece ensuite, while the second bedroom offers a built-in wall unit and unobstructed views. A large laundry and storage room adds to the convenience. With only four suites per floor, Village Park is known for its quiet elegance, long-standing staff, and strong sense of community. Amenities include: 24-hour concierge, indoor pool with saunas, exercise room, renovated lobby, party/meeting facilities, visitor parking, and a welcoming library lounge. One parking space and an exclusive-use locker are included. Forest Hill is one of Toronto's most prestigious communities, celebrated for its leafy streets, stately homes, and refined village charm. Just steps to the boutiques and cafés of Forest Hill Village, as well as Loblaws, the LCBO, and dining along St. Clair Avenue West, you will also enjoy proximity to top public and private schools, scenic ravine trails, and the Rosehill Reservoir. The TTC is at your doorstep, providing quick access to downtown and beyond. **Property has been virtually staged.
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Data-driven valuation for 240 Heath Street W 1403, Toronto C03, ON M5P 3L5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $1,599,000 in Toronto, the legal minimum down payment is $319,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $28,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $28,455 also applies, bringing the total estimated land transfer taxes to $56,910.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.